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Will RMB lose money when it is converted into Japanese yen?
Loss. According to the current exchange rate and handling fee, if the exchange rate of RMB against Japanese yen is low and the handling fee is high, the exchange will lose money. It should be noted that the foreign exchange market fluctuates greatly and the exchange rate changes every day. When the exchange rate rises, the exchange will not necessarily lose money. It is recommended to carefully understand the relevant procedures and exchange rate information before foreign exchange.